Four major technology companies potentially eyeing an IPO in 2018 include Spotify, Lyft, Airbnb, and WeWork. Reuter's BreakingViews Global Editor Rob Cox shares why these companies are poised for further disruption in their marketplaces.
"FAANG" is considered the stock market theme of 2017 says Cox. But "SLAW" is considered the next generation of large start-up disruptive companies. The acronym stands for Spotify, Lyft, Airbnb, and WeWork. If and when Lyft enters the public market, it will be the first time we get a glympse into the public play of transportation as a service says Cox.
Cox also shares his predictions for which city will be chosen as Amazon's second headquarters. "Amazon fundamentally could transform a city," says Cox. Choosing a city in need could help Amazon win public approval.
According to an EU tax watchdog, a 2021 agreement aimed at weakening tax havens and getting multinational corporations to pay minimum tax has been weakened by loopholes.
JetBlue officials say a plane rocked back with its nose pointed skyward after landing at New York's John F. Kennedy International Airport because of a shift in weight on the aircraft.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we highlight Rivian, Costco, Nokia, Wyndham Hotels & Resorts, Choice Hotels and Rite Aid
